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elect me, i can turn the economy around. but today the rationale for his entire campaign is crumbling. the new job numbers are out and unemployment has dropped to 7.8%. under 8% for the first time since president obama first came into office. that's progress on jobs and that's good for america. but it's absolutely demolishes a favorite romney talking point. >> three years later, unemployment is still above 8%. >> we've gone 41 months with unemployment above 8%. >> we've had 42 straight months with unemployment above 8%. >> still 8% with over 43 straight months. >> today, that talking point disintegrated and president obama has a strong record to campaign on. >> this morning we found out that the unemployment rate has fallen to the lowest level since i took office. but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> now, governor romney issued a statement today saying, quote, this is not what a real
elect me, i can turn the economy around. but today the rationale for his entire campaign is crumbling. the new job numbers are out and unemployment has dropped to 7.8%. under 8% for the first time since president obama first came into office. that's progress on jobs and that's good for america. but it's absolutely demolishes a favorite romney talking point. >> three years later, unemployment is still above 8%. >> we've gone 41 months with unemployment above 8%. >> we've had 42...
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Oct 5, 2012
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absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama administration and high ranking intelligence officials. what we are leng -- learning about the internal debate that followed the murder of four americans. and a recall of potentially contaminated drug expands, the latest meningitis cases are ahead. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. c
absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama...
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Oct 1, 2012
10/12
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romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well, but based on what has happened the last couple of weeks, i guess governor romney and his team think we have an opportunity here, why not seize it? >>guest: absolutely. we saw the op-ed today from romney. that's a point of weakness for obama at this point. so the romney campaign will go after that. foreign policy will be a big issue with only a little over a month to go. >>shepard: thank you, great to see you. >> administration folks are trying to figure out how the deadly attacks in benghazi occurred. a suicide bombing in afghanistan pushes the american casualty count beyond a g
romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well,...
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Oct 1, 2012
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i think they've heard a lot about the economy. and they're not interested in the minutia. >> governor, let me get your take on style versus substance. and can you really coach style? i mean, maybe you can say don't look at your watch, but aren't these guys who they are by now? >> i think a lot of it comes down to whether or not the candidates look like they're comfortable in their own skin. i think the president certainly does. and it's been perhaps more difficult for governor romney because he's had to change positions a number of times throughout the campaign. >> well, that's the democratic talking point. having said that, do you think that this is -- the debates are a lot about who would you rather have a beer with? who would you like to have lunch with? >> my sense is the debate is about who has the better vision for the country's future. who really understands the challenges. who's got the right plan and who's likeliest to make it happen. >> what do you think the biggest challenge is for the president? in bloomberg, al hunt s
i think they've heard a lot about the economy. and they're not interested in the minutia. >> governor, let me get your take on style versus substance. and can you really coach style? i mean, maybe you can say don't look at your watch, but aren't these guys who they are by now? >> i think a lot of it comes down to whether or not the candidates look like they're comfortable in their own skin. i think the president certainly does. and it's been perhaps more difficult for governor...
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what does that mean for the economy? this is a bad fiscal tax cliff. >> listen, i'm not a big fan of the temporary tax cuts. i believe in lowering rates, permane permanently, deeply, that gets them the worst behaviors, invest more, tax more. i'm worried now that not only are we going to have higher taxes but the president's going to look at what's going on in france, maybe the tax rate should be 75% instead of 40%. economic patriotism should be the economic patriotism act. it will be 75%. >> let's keep it on topic, we're talking about the payroll tax cult which was done to stimulate payroll and consumption. >> and did nothing. >> i'm sorry, i actually see growth in certain sectors. we started the show talking about how good manufacturing -- you can't have it both ways. >> this has been the two worst recovery years in the history of the united states of america. >> it's stopped contracting. if you believe, i don't, jimmy does, but if you believe the payroll tax cuts stimulate consumption, what are you going to do when it'
what does that mean for the economy? this is a bad fiscal tax cliff. >> listen, i'm not a big fan of the temporary tax cuts. i believe in lowering rates, permane permanently, deeply, that gets them the worst behaviors, invest more, tax more. i'm worried now that not only are we going to have higher taxes but the president's going to look at what's going on in france, maybe the tax rate should be 75% instead of 40%. economic patriotism should be the economic patriotism act. it will be 75%....
WHUT (Howard University Television)
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Oct 1, 2012
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if something happens, the economy will be destroyed, so you have to deal with the troublemakers. most times, the government will oblige. when these communities protest and say look at the amount of violence being used against us, we are protesting peacefully. then the government can say there is no way we can determine how much violence we use against the people. so then the local communities have no leverage with the oil companies at all. >> that was ken saro-wiwa. he was executed in 2010 by the nigerian regime. finally, the hair as me -- baher azmy, why is the court hearing this again? it is in that unusual? >> the court is asking two questions in the case, the first is, corporations, because of their form, are exempt from otherwise binding international human rights obligations. they are also asking an equally broad question, whether or not this statute could apply to a human rights a violation that occurred outside of the united states, as in nigeria. the ominous precedent, of course, is citizens united, where the court reset certain questions and expanded the scope of corpor
if something happens, the economy will be destroyed, so you have to deal with the troublemakers. most times, the government will oblige. when these communities protest and say look at the amount of violence being used against us, we are protesting peacefully. then the government can say there is no way we can determine how much violence we use against the people. so then the local communities have no leverage with the oil companies at all. >> that was ken saro-wiwa. he was executed in...
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Sep 30, 2012
09/12
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and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> affordable care. when we talk about the court, everyone is looking and we are staring down the barrel. it seemed to me, look, this is kind of decision day. this is where it happens. are we going to have a decision which the five justices appointed by republicans outvote the four justices by democrats? strictly across partisan lines on this issue, on a very shaky in my lay opinion. it didn't work out that way because of john roberts. this is what you say in your book, "the oath." for roberts personally his vote to uphold the affordable care act an opinion where acts of strategic genius roberts laid down a marker on the scope of the commerce cause and bought space for himself for future rulings. people who don't rem
and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> affordable care. when we talk about the court, everyone is looking and we are staring down the barrel. it seemed to...
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Oct 4, 2012
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you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not the case. i have five boys. i'm used to people saying something that is not always true but keep on repeating it and hoping i will believe it. that is not the case. >>trace: when you get the $5 trillion number it was extrapolated from one year and this is also blown out of proportion. >>guest: the $5 trillion is from what we know of the plan, and it is a third-party estimate of the ten-year effect, so you have tremendous number of assumptions, the size of the economy and that is where the number comes from. it sounds more enormous than it is but this is debate if another time. what it says, you have to have cert
you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not...
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the economy is an individual experience. you think things are getting better and you know if you have a full time or part time job. you have a white board with you this morning. let's point out some things on that. >> let's remember this. president obama on three measures have numbers that are worst than presidents that lost re-election, carter and bush 41. 7.8% unemployment today, that is higher than the unemployment rate under george h.w. bush of 7.6% an lost re-election. the second quarter gdp number, 1.3%, that is lower than the 4.3% that bush 41 had and he lost. the workforce participation right of 3.36 is lower than what jimmy carter had. president obama's numbers are below every president who has got even reelected and slightly above those of the presidents who got defeated. the question is, is he going to be the bottom of the guys who win or the top of the guys who lose? martha: good question and good white board. we need our glasses some of us to get a close look at that one, but we appreciate all the numbers there.
the economy is an individual experience. you think things are getting better and you know if you have a full time or part time job. you have a white board with you this morning. let's point out some things on that. >> let's remember this. president obama on three measures have numbers that are worst than presidents that lost re-election, carter and bush 41. 7.8% unemployment today, that is higher than the unemployment rate under george h.w. bush of 7.6% an lost re-election. the second...
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where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting there and saw the 114,000 number in line with a lot of the other data that i look at and saw the unemployment rate down 3/10 of a percent and that's huge. the largest drop since reagan, i nearly fell off the chair because i started to add everything up and didn't make sense, 114,000 consistent with the adp numbers, the fact we have a struggling economy, we're barely in positive territory on gdp, a measure of the economy and to the fact na 114,000 is barely enough to even keep up with the birth rate. i started scratching my head so i understand the confusion out there. >> jamie: let me, let me take it out of economic lingo for folks, i try to make it so that everybody can participate and understand. it sounds to me like when you saying the gdp. we're not producing m
where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting there and saw the 114,000 number in line with a lot of the other data that i look at and saw the unemployment rate down 3/10 of a percent and that's huge. the...
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Oct 1, 2012
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because the economy takes the economy -- takes the oxygen out of the election in relation to foreign affairs, this just does not pay -- does not play among independent and undecided voters. you want this person to replace justice ginsburg went she retires. if you want to know if there's any practical consequence, it would be the point that the obama administration has declined to defend the defense of marriage act. president romney might well decide that he would defend the constitutionality of that statute. but it does not seem that kind of social conservative question has a lot of civilians in something like a presidential debate. other than health care, i can't see much happening. >> i think it will not happen. here is why. no major national political figure has attack affirmative action publicly since 1996 or before. it's remarkable. the republicans who during the nineties for a while were seeing some political profit in attacking affirmative action don't do it anymore. the democrats, john kerry in the early '90s and some others said maybe it's time to stop these racial preferenc
because the economy takes the economy -- takes the oxygen out of the election in relation to foreign affairs, this just does not pay -- does not play among independent and undecided voters. you want this person to replace justice ginsburg went she retires. if you want to know if there's any practical consequence, it would be the point that the obama administration has declined to defend the defense of marriage act. president romney might well decide that he would defend the constitutionality of...
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we know the economy is slowing dramatically. we know income is down. and we know that buying power is down. that's over the last 3 1/2 years and bringing us up to the current state. if we have a second term and the president raises taxes, keeps regulation in place and keeps running up the massive debt. that's where the word recession comes in. current policies have failed to continue them into next year would possibly mean a recession in the year 2013. very significant with five weeks to go to the election. bill: the gdp is 1.3? that's like belgium. why are stocks up, stuart? >> reporter: that's a very good question. normally when the market heads south you -- normally when the economy heads south the market heads south. but ben bernanke is propping it up. martha: we have a jam packed show for you today. both candidates are hunkered down getting ready for wednesday night's debate in denver. new numbers show how many voters could still be persuaded. bill: disturbing details in fallout from operation fast & furious. new records of dozens of weapons linke
we know the economy is slowing dramatically. we know income is down. and we know that buying power is down. that's over the last 3 1/2 years and bringing us up to the current state. if we have a second term and the president raises taxes, keeps regulation in place and keeps running up the massive debt. that's where the word recession comes in. current policies have failed to continue them into next year would possibly mean a recession in the year 2013. very significant with five weeks to go to...
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and future economies. let me play a clip from wednesday's debate. >> i think it's, frankly, not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on to the next generation, and they're going to be paying the interest and the principle all their lives, and the amount of dead we're adding at a trillion a year is simply not moral. >> which brings us to your provocative article in the national journal, generational warfare, the case against parasitic baby boomers. you start reading it and it says i love my father, there's a lovely picture of your father and you accuse him and all the other parasite his age of breaking the sacred bargain that every generation will pass a better country on to their children than the one they inherited. and then he kind of kicks your butt in the argument when you try to point out point by point. tell us why you wrote this article. >> well, first off, i'd like to point out i win at the end. secondly, he also wins b
and future economies. let me play a clip from wednesday's debate. >> i think it's, frankly, not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on to the next generation, and they're going to be paying the interest and the principle all their lives, and the amount of dead we're adding at a trillion a year is simply not moral. >> which brings us to your provocative article in the national journal, generational...
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some say the city of henderson is a microcosm of the economy we have seen over the past few years. yet the latest polls show the race in nevada is neck and neck and that is causing -- ed henry live in vegas. hey, ed. >> the president -- they are calling it debate camp in henderson. 20 miles from where i am right now it's an opulent resort known as lake las vegas that is symbol i of the boom and bust. that whole lake las vegas resort where the president is doing his debate prep. it's modeled after an italian village. it went bankrupt the last few years. it's now sort of coming back and the president is hoping that is a microcosm that he's pushing this recovery along slowly, not just mere in nevada but all along the country. it's interesting to hear john roberts about chris christie raising expectations for mitt romney. the president at a rally in vegas last night tried to do just the opposite and lower expectations. >> i know folks in the media are speculating already on who is going to have the best zinger. [you are [. >> i don't know about that. who's going to put the most points
some say the city of henderson is a microcosm of the economy we have seen over the past few years. yet the latest polls show the race in nevada is neck and neck and that is causing -- ed henry live in vegas. hey, ed. >> the president -- they are calling it debate camp in henderson. 20 miles from where i am right now it's an opulent resort known as lake las vegas that is symbol i of the boom and bust. that whole lake las vegas resort where the president is doing his debate prep. it's...
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Oct 1, 2012
10/12
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economy and they reluctantly picked mitt romney. also shows, sadly enough, that none of these economists were excited about either one of them. so the 17 economists, the way it was broken down, nine picked romney and three picked obama. five of them couldn't commit to anybody because they said, you know what? it doesn't matter because neither one can fix the economy. even some of the romney supporters, they aren't enthusiastic. one of them said romney's policies would be less bad for the economy than obama. so basically, you know, it's the lesser of two evils. not exactly a big sign of confidence here. but some say romney is more likely to have more success getting legislation through congress and supporters of obama say he's more likely to reduce the deficit and cut entitlement spending like social security. but it is kind of sad, carol, it wasn't much excitement for either of them as far as helping the economy one way or the other. >> let's talk about something a little brighter that's happening where you are. the dow's rising. >>
economy and they reluctantly picked mitt romney. also shows, sadly enough, that none of these economists were excited about either one of them. so the 17 economists, the way it was broken down, nine picked romney and three picked obama. five of them couldn't commit to anybody because they said, you know what? it doesn't matter because neither one can fix the economy. even some of the romney supporters, they aren't enthusiastic. one of them said romney's policies would be less bad for the...
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. >> and this debate format is going to be different for the governor as well. out of 23 debates he has never, shep, had a one-on-one like he will on wednesday. >> shepard: while they are trying to lower expectations here some surrogates and some aren't. >> exactly. things are going pretty well in the expectations game. right up until governor chris christie of new jersey went on the air and hit mitt romney's expectation right out of the ballpark. listen to this. wednesday night the restart of this campaign i think you will see those numbers move right back in the other direction. come thursday morning the entire narrative of this race is going to change. >> you know, if you are in the romney camp, you are doing one of these. but truth be told they would like to see the race turned upside down wednesday morning. they don't want people to expect it. shep? >> shepard: john roberts, thanks very much. well, president obama spent the day in nevada. one of those key b
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. >> and this debate format is going to be different for the governor as well. out of 23 debates he has never, shep, had a one-on-one like he will on wednesday. >> shepard: while they are trying to lower expectations here some surrogates and some aren't. >> exactly. things are going pretty well in the expectations game. right up until governor chris...
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it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. todo.s what we're going to ne we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway od the gatew th middle class. and because of the work we've already done, millions of young people are better able to afford college already. and now we've got to do mor by hiring 100,000 new math and science teachers. by making sure that we're providing millions of new slots for folks to retrain at community colleges for the jobs that exist right now. continue to lower tuition costs for students so they're not loaded up with debt once they graduate. my opponent thinks that it makes sense for us to gut our investment in education in order to give a tax break to the wealthy. i disagree. i think what the united states of america means is that no child should be deprived of a good education. it means that no family should have to
it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. todo.s what we're going to ne we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway od the gatew th middle class. and because of the work we've already done, millions of young people are better able to afford college already. and now we've got to do mor by...
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a romney supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd can
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dodd-frank designates banks too big to fail. this is an enormous boom for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. you can i get rid of all regulation. -- you cannot get rid of all regulation. there are some parts that make all of the sense in the world. in a transparency, the average leverage limits. thist's let him respond to specific one --
the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the...
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Oct 6, 2012
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so, all of the uncertainty is having a depressing effect on the economy. and, that is not good for the -- not good for president obama. >> gregg: john, what about taxes? 9 in 10 americans will see an average tax increase in january of $3,500, when the bush tax cuts expire and the payroll tax holiday expires. middle income households, that is to say those with between 40 and $64,000, will see a tax hike of roughly $2,000 and the closer we get to that and closer to the election, and people will say, goodness, my taxes are going to go up, that is going to impact their vote, won't it? >> it depends how they look at this, because one way to look at it is, there was a bill in the house, republicans opposed, that would have -- the effect would have been the taxes would not have gone up for the middle class, so, how do the voters see that? i don't know, they may be concerned about tax hikes. but, you know, if we want to look at what is best for the economy, long term, i think long term we should look at the rates under clinton and a good chunk of ronald reagan's o
so, all of the uncertainty is having a depressing effect on the economy. and, that is not good for the -- not good for president obama. >> gregg: john, what about taxes? 9 in 10 americans will see an average tax increase in january of $3,500, when the bush tax cuts expire and the payroll tax holiday expires. middle income households, that is to say those with between 40 and $64,000, will see a tax hike of roughly $2,000 and the closer we get to that and closer to the election, and people...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ wthe future of our medicare andr electiosocial security. for... a real difference. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affect seniors today and in the future? find out with the aarp voters' guide at earnedasay.org boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada..
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ wthe future of our medicare andr electiosocial security. for... a...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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Oct 4, 2012
10/12
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FOXNEWSW
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these are women who are moderate voters from swing counties who in fact are concerned about the economy, concerned about the direction of the country. they are not in crisis, but they are sure anxious, they are clipping those coupons, going to walmart, driving a little further for a tank of gas. what mitt romney did last night that spoke to those women was display leadership, display direction, display clear voice, clear eye assessment of what is going on in the country and it obviously stuck. and if he can win with women like that across the country, as he succeeded in that focus group, that would bode very well for his chances to unseat president obama. megyn: the president took shots at mitt romney for not offering a real plan. plan, should he become the president. one of the sound bytes the walmart moms apparently reacted to was mitt romney laying out his five-point plan here. listen. >> my plan has five basic parts. one, get us energy independent, north american energy independent that creates about 4 million jobs. number two, open up more trade, particularly in latin america. crac
these are women who are moderate voters from swing counties who in fact are concerned about the economy, concerned about the direction of the country. they are not in crisis, but they are sure anxious, they are clipping those coupons, going to walmart, driving a little further for a tank of gas. what mitt romney did last night that spoke to those women was display leadership, display direction, display clear voice, clear eye assessment of what is going on in the country and it obviously stuck....
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melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was about the regulatory state and all of us on the president turns it to to an issue of dodd frank and the fact is that we cannot as a society ignore the fact that we have a regulatory state that cost the american economy two trillion dollars annually and sort of is over that creates the american economy no going to has a mitt romney correctly pointed out last night without regulations you don't have to go on and on and i don't want to rule over a soccer game but no one is talk. about eliminating the regulatory state but we have to look at the fact that you were on a second ago you were i don't know
melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was...
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Oct 2, 2012
10/12
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others say they should stay with the economy. joining me now former assistant to president clinton for national security affairs. thank you for joining us. >> a pleasure, eliot. >> eliot: let's start with the important question. what do we know about al-qaeda's attacks in the consulate in ben gassy. >> this was a well planned attack. somebody had been casing the consulate in benghazi for some time. whether they acted on the spur of the moment or if they had direction in outside of libya remains to be scene. >> eliot: the difficulty given the uncertainty and it's impossible to get your arms around all the facts very quickly. but the difficulty then is how do we then move in our evolving relationship with the new libyan government to control al-qaeda's presence and respect their sovereignty. where do we go in this evolving arab spring, in libya in particular. >> a lot of this takes time. building up a strong system of government, institution of government libya in particular build gadhafi never wanted an institution that would riva
others say they should stay with the economy. joining me now former assistant to president clinton for national security affairs. thank you for joining us. >> a pleasure, eliot. >> eliot: let's start with the important question. what do we know about al-qaeda's attacks in the consulate in ben gassy. >> this was a well planned attack. somebody had been casing the consulate in benghazi for some time. whether they acted on the spur of the moment or if they had direction in...
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Oct 5, 2012
10/12
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. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president: today's news certainly is not an excuse to try to talk down the economy to sre a few political points. it is a reminder that this country has come too far to turn back now. >> reporter: mitt romney responded to the jobs report, this is not what a real recovery looks like. former ceo of ge jack welsh ignited a twitter storm this morning when he accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh
. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president:...
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Sep 30, 2012
09/12
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FBC
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we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been goin
we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent...
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Oct 5, 2012
10/12
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CNNW
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and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial furnitures and for this plant they have been expanding, right, ted? >> reporter: absolutely. all good news here in elkhart county, indiana, they got hammered during the recession. we're talking 18.5% unemployment. but here as you mentioned, they're making seat covers for airlines. and for automobiles, and they have a different type of problem now, they have open jobs that they're trying to fill, which weiland designs and they have added 70 positions over the past year. they are trying to add more, but they're having trouble getting people in here. now, the unemployment rate in this county is at 8%, you would t
and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial...
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Oct 4, 2012
10/12
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the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dr. frank -- dod rank -- dod -frank dissipates banks too big to fail. this is an enormous boon for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. there are some parts that make all of t sense in the world. in a transparency, the average once -- leverage lemons. --limits. >> of us to let him respond to this
the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with...
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Oct 1, 2012
10/12
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FOXNEWS
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economy was in a recession. we only heard it was in recession from the nber eight to nine months later. in fact in the most latest downturn from 2007 to 2009, we basically, that was called, that recession was called in 2010. so you may hear after the fact that the u.s. economy was in a recession and it's not just two consecutive quarters of negative gdp growth. the nber, the national bureau of economic research, again they are the umpires who call u.s. recessions. they look across a range of data including productivity, employment numbers and the like. so it is not just that thumbnail, you know, two quarters, two consecutive quarters of negative growth. they get to call it and we haven't heard them yet. they're staying mum on this now. back to you. jenna: that would change the die namic in the political conversations. great reminder that data is mostly backward looking. >> reporter: that's right. jenna: liz, thank you. >> reporter: sure, delighted. gregg: president obama and democrats continue to criticize gover
economy was in a recession. we only heard it was in recession from the nber eight to nine months later. in fact in the most latest downturn from 2007 to 2009, we basically, that was called, that recession was called in 2010. so you may hear after the fact that the u.s. economy was in a recession and it's not just two consecutive quarters of negative gdp growth. the nber, the national bureau of economic research, again they are the umpires who call u.s. recessions. they look across a range of...
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Oct 3, 2012
10/12
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CSPAN2
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we need a one-nation economy. and the first big mission of the next labor government is to sort out the banks. sort them out once and for all. not just -- [applause] not just prevent another crisis but to do what hasn't been doing in decades. necessary to enable us to pay our way in the world. we need banks to serve the country, not a country that serves the banks. [applause] think about the small business i talked about earlier on. he wanted to be able to go to the bank, look at the manager in the eye, and know he was working for him. instead he found a bank more interested in playing the international money markets. that's why he was ripped off. of course, this government promised change, but things aren't really changing. so i've got a message for the bank. we can do this the easy way or the hard way. either you fix it yourselves between now and the election, or the next labor government will once and for all ensure that the high street bank is no longer the arm of a casino operation and we will -- [inaudible]
we need a one-nation economy. and the first big mission of the next labor government is to sort out the banks. sort them out once and for all. not just -- [applause] not just prevent another crisis but to do what hasn't been doing in decades. necessary to enable us to pay our way in the world. we need banks to serve the country, not a country that serves the banks. [applause] think about the small business i talked about earlier on. he wanted to be able to go to the bank, look at the manager in...